Gemfields (South Africa) Price on December 19, 2024
GML Stock | 160.00 14.00 8.05% |
If you're considering investing in Gemfields Stock, it is important to understand the factors that can impact its price. As of today, the current price of Gemfields stands at 160.00, as last reported on the 25th of December, with the highest price reaching 217.00 and the lowest price hitting 160.00 during the day. Gemfields Group holds Efficiency (Sharpe) Ratio of -0.14, which attests that the entity had a -0.14% return per unit of risk over the last 3 months. Gemfields Group exposes twenty-three different technical indicators, which can help you to evaluate volatility embedded in its price movement. Please check out Gemfields' Risk Adjusted Performance of (0.11), standard deviation of 4.52, and Market Risk Adjusted Performance of 0.7136 to validate the risk estimate we provide.
Gemfields Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Gemfields |
Sharpe Ratio = -0.1425
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Estimated Market Risk
4.56 actual daily | 40 60% of assets are more volatile |
Expected Return
-0.65 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.14 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Gemfields is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Gemfields by adding Gemfields to a well-diversified portfolio.
Gemfields Valuation on December 19, 2024
It is possible to determine the worth of Gemfields on a given historical date. On December 19, 2024 Gemfields was worth 141.0 at the beginning of the trading date compared to the closed value of 160.0. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Gemfields stock. Still, in general, we apply an absolute valuation method to find Gemfields' value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Gemfields where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Gemfields' related companies.
Open | High | Low | Close | Volume | |
155.00 | 170.00 | 155.00 | 167.00 | 73,687 | |
12/19/2024 | 141.00 | 177.00 | 141.00 | 160.00 | 1,372,806 |
170.00 | 170.00 | 142.00 | 158.00 | 29,313 |
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Gemfields Trading Date Momentum on December 19, 2024
On December 20 2024 Gemfields Group was traded for 158.00 at the closing time. The highest price during the trading period was 170.00 and the lowest recorded bid was listed for 142.00 . The volume for the day was 29.3 K. This history from December 20, 2024 contributed to the next trading day price decline. The overall trading delta to the next closing price was 1.25% . The overall trading delta to the current price is 35.63% . |
Gemfields Group Fundamentals Correlations and Trends
By evaluating Gemfields' financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Gemfields' main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Gemfields financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Gemfields Stock history
Gemfields investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Gemfields is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Gemfields Group will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Gemfields stock prices may prove useful in developing a viable investing in Gemfields
Gemfields Stock Technical Analysis
Gemfields technical stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, stock market cycles, or different charting patterns.
Price Boundaries
Gemfields Period Price Range
Low | December 25, 2024
| High |
0.00 | 0.00 |
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Gemfields December 25, 2024 Market Strength
Market strength indicators help investors to evaluate how Gemfields stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Gemfields shares will generate the highest return on investment. By undertsting and applying Gemfields stock market strength indicators, traders can identify Gemfields Group entry and exit signals to maximize returns
Gemfields Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Gemfields' price direction in advance. Along with the technical and fundamental analysis of Gemfields Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Gemfields to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
Risk Adjusted Performance | (0.11) | |||
Jensen Alpha | (0.63) | |||
Total Risk Alpha | (0.86) | |||
Treynor Ratio | 0.7036 |
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Volume Indicators |
Complementary Tools for Gemfields Stock analysis
When running Gemfields' price analysis, check to measure Gemfields' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Gemfields is operating at the current time. Most of Gemfields' value examination focuses on studying past and present price action to predict the probability of Gemfields' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Gemfields' price. Additionally, you may evaluate how the addition of Gemfields to your portfolios can decrease your overall portfolio volatility.
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